4 STAR CONTEMPORY HOTEL
PROPERTY & LOCATION
Located in the bustling Sukhumvit district, this 4 star property is 2-minute walk from Nana Skytrain station. The hotel has over 186 rooms.
Fulcrum acquired this asset at exceptional valuation. Post its acquisition, substantial work has gone to steering the property as well as management through a transition of rapid performance improvement including building licensing, room upgrade, addition of facilities etc. Today the property commands premium rates as against any comparable properties in downtown Bangkok.
- Investment Size: Over THB 1.5 Billion
- 186+ Keys
- Yield : Over 12%
- Averge Holding Period: 5 – 7 Years